Due to the fact that sugary products cause various health problems, as they contain high levels of sugar in their manufacturing process, it is recommended that these products should be priced significantly higher in the food and beverage market to reduce sugar consumption. This suggestion is fully supported for the following reasons.
Firstly, economic measures are considered an effective policy to limit the purchase of sugary goods. Many people allocate a fixed amount for their monthly expenses to cover all essential payments, including food and drink. Therefore, when the price of an item increases dramatically, consumers will think twice before placing it in their shopping cart, if not avoid it altogether. For example, if the price of a chocolate bar doubles, it will likely reduce consumer demand, changing their buying habits from purchasing it every month to only once every few months.
Secondly, increasing the price of sugary products encourages manufacturers to reconsider their production processes and develop healthier food and drink options. When governments implement strict policies on sugary products to improve public health, it has a significant impact on both consumers and businesses. To maintain a positive image within the community, companies will need to invest in better product quality and advanced manufacturing technologies that demonstrate a reduced health risk. For instance, a chocolate company might introduce a new product line made with natural sweeteners rather than sugar.
In conclusion, implementing policies to raise the price of sugary products plays a crucial role not only in reducing consumers' consumption of unhealthy products but also in encouraging businesses to innovate and enhance product quality.